Most popular
neighborhoods
neighborhoods
Avg. listing price
Week ending Nov 4
Week ending Nov 4
w-o-w
Movers & Shakers
Avg. listing price
Week ending Nov 4
Week ending Nov 4
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Philadelphia Real Estate Overview
Today, November 9, 2009
Market View for Philadelphia
Avg. Listing Price
$289,788
Wk ending Nov 04
+$972
+0.3%
w-o-w
+0.3%
w-o-w
Median Sales Price
$140,000
Aug '09 - Oct '09
+$13,000
+10.2%
y-o-y
+10.2%
y-o-y
w-o-w
w-o-w
Philadelphia Summary
Average price per square foot for Philadelphia PA was $136, a decrease of 12.3% compared to the same period last year. The median sales price for homes in Philadelphia PA for Aug 09 to Oct 09 was $140,000 based on 3,042 home sales. Compared to the same period one year ago, the median home sales price increased 10.2%, or $13,000, and the number of home sales decreased 38.1%.
There are currently 7,990 resale and new homes in Philadelphia on Trulia, including 29 open houses, as well as 5,635 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Philadelphia PA was $289,788 for the week ending Nov 04, which represents an increase of 0.3%, or $972, compared to the prior week. Popular neighborhoods in Philadelphia include Kensington and Chestnut Hill, with average listing prices of $138,396 and $840,395.
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